Manaksia Coated Metals & Industries Ltd Dividend 2024 : Should Manaksia Coated Metals & Industries Ltd be a part of your dividend portfolio?
Manaksia Coated Metals & Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹488.99Cr. Its share price is ₹63.77 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manaksia Coated Metals & Industries Ltd gave ₹0.03 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Manaksia Coated Metals & Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Manaksia Coated Metals & Industries Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.05%.
Let's look at Manaksia Coated Metals & Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manaksia Coated Metals & Industries Ltd’s revenue were ₹184.67Cr in the quarter ending March 2024. The revenuefell by -4.12% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s profits were ₹5.06Cr in the quarter ending March 2024. The profits fell by -34.63% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s dividend was ₹0.03 in the quarter ending March 2023.
Manaksia Coated Metals & Industries Ltd Dividend related ratios: